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every one of those had to be eat late taxed. the congress imposed a more onerous, more restrict it from a comma rules that on my ability to move money from ppa to ppa. i have small pdas with not a lot of money but for whatever reason decided there needed to be more over the national intelligence program. the effect of the fy 13 of her rations that did help us in that it allowed us to move money around civic and that the money into the path we are committed to by virtue of the fact were five men in before we got a bill. sowo ba dister t it. a cab structure, did allow new start,t also frommocountschss here was what many at the endf the day and of course the of sequestration was doubled because we had to take it in seven months. iraq i was. ealistic impact. >> that is helpful because it provides more of a context of things we might be able to do. again, we have a macro issue of sequestration can watch everyone recognizes it's in packs on your programs. but i stand legislative authorization not on this committee that the intelligenc
every one of those had to be eat late taxed. the congress imposed a more onerous, more restrict it from a comma rules that on my ability to move money from ppa to ppa. i have small pdas with not a lot of money but for whatever reason decided there needed to be more over the national intelligence program. the effect of the fy 13 of her rations that did help us in that it allowed us to move money around civic and that the money into the path we are committed to by virtue of the fact were five men...
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tax incentives. that will attract investment and channel investment into areas where investment is required. >> is that package already on the table? >> it is. it is. we have a good tax policy for investment in infrastructure. we give tax breaks, in fact, infrastructure, lending is easier. lending is cheaper. there are tax holidays for investment in infrastructure. which is why money is going nfstructure. the point that we are making now is that if infrastructure that will make a country's economy very strong. we need roads. we need ports. we need seaports. we need more steal making. we need more mining. these are the critical areas in which investment must go. >> is corruption a big problem? >> it is a problemment but no more than in most other countries. wherever i go, i open the newspaper and i find there are charges of corruption against the government of the day. i admit that, it is a problem. but it's not as big a problem as it is made out to be. to say that everyone is corrupt is i think an ou
tax incentives. that will attract investment and channel investment into areas where investment is required. >> is that package already on the table? >> it is. it is. we have a good tax policy for investment in infrastructure. we give tax breaks, in fact, infrastructure, lending is easier. lending is cheaper. there are tax holidays for investment in infrastructure. which is why money is going nfstructure. the point that we are making now is that if infrastructure that will make a...
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it used to be in 1997 that the total tax revenue raised from the corporate tax, income tax, and the consumption tax was 41 trillion yen, but in the following year, it was reduced down to 37 trillion yen. we hope it would add another five trillion yen to the retina. instead we lost four trillion yen. >> speaking in ja artyast year the ruling was able to strike an agreement, 18 provisionse included. have d.c. first of all to pick up the economy, otherwise there is no way the consumption tax would take place. whether to do it will be decided by october. if we end up having picked up an economy by then, we can raise the tax, but if it does not look that well then, the timing of the raising of the tax will be deferred to a later date. i am sure in this kind of response we have been seriously considering the implications of the tax increase trade you asked me if i could make a decision right now to say definitely that taxation will be raised, stage we cannot say that definitely. we have to allow more time to make sure that the economy will really get better. then the judgment will be made definitely.
it used to be in 1997 that the total tax revenue raised from the corporate tax, income tax, and the consumption tax was 41 trillion yen, but in the following year, it was reduced down to 37 trillion yen. we hope it would add another five trillion yen to the retina. instead we lost four trillion yen. >> speaking in ja artyast year the ruling was able to strike an agreement, 18 provisionse included. have d.c. first of all to pick up the economy, otherwise there is no way the consumption tax...
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Apr 19, 2013
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which is now in the grips of its worst recession since the 1970's, has already imposed the biggest tax hikes in living memory. stay with us. when we come back, we have plenty of news for you, including german soccer. >> and the formula one controversial race coming up. we will tell you all about it. stay with us. >> welcome back. >> and thanks for staying with us. we continue in bahrain, which is stepping up security ahead of sunday's formula one grand prix race, which is taking place ahead of a bit of controversy. activists are demanding the race be cancelled due to the country's poor human-rights record, but organizers have billed the event as a force for good. >> it is the biggest sporting event hosted by the gulf state. it is, however, taking place against a backdrop of tensions as unrest continues in the arab island kingdom. >> clashes between pro-democracy demonstrators and security forces in the country have occurred on an almost daily basis. here's more. >> with just a few days to go until the formula one race, protesters nearby rain's capital are stepping up their demonstratio
which is now in the grips of its worst recession since the 1970's, has already imposed the biggest tax hikes in living memory. stay with us. when we come back, we have plenty of news for you, including german soccer. >> and the formula one controversial race coming up. we will tell you all about it. stay with us. >> welcome back. >> and thanks for staying with us. we continue in bahrain, which is stepping up security ahead of sunday's formula one grand prix race, which is...
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and all these debt bombs explode wealth tax to pay for e.u. bailouts wealthy households would face new taxes on property and other assets under german plans to prop up the struggling euro zone so senior advisers to chancellor angela merkel these are called the five wise man you might call them the five wise guys as we would call them here they have come up with a new plan and they think that because the rich can just transfer their cash anywhere they decided they said to help everybody of course is they're going to go after assets that can't be moved like property something we've talked about here is that's one very huge downside to property is it's a sitting duck there you can't hide your mansion on the coaches or they just take it they tax it so this is what they plan on doing instead of taxing cash european union government should in future target property and other less mobile assets for example over the next ten years the rich should give up a portion of their assets professor both anger said this is professor peter both finger one of the
and all these debt bombs explode wealth tax to pay for e.u. bailouts wealthy households would face new taxes on property and other assets under german plans to prop up the struggling euro zone so senior advisers to chancellor angela merkel these are called the five wise man you might call them the five wise guys as we would call them here they have come up with a new plan and they think that because the rich can just transfer their cash anywhere they decided they said to help everybody of...
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an extension of e payroll tax cut, $80 peramils. recent history shows that grant of l status for the increase is the influx of illegal immigrants. that for their forces out low- skilled laborers and thereby depressing the wage and employment levels of those americans. thatdition to that necessarily leads to more americans depending on the need for government. it is respected that the agent that before federal government grant's federal's average -- federal status -- the evidence before the commission is that grant of sub status is not without a substantial cost to the american worker. thank you. >> a full statement will be made part of the record. he was formerly the director of the congressional budget office under george w. bush in 2003 to 2005. that is when we first met. >> that is correct. >> it is good to have you here. >> thank you. it is a privilege to be here today. i have itd written recordfor th. let me briefly make three points and then i look for to answering your question. the first point is simply that the immigration
an extension of e payroll tax cut, $80 peramils. recent history shows that grant of l status for the increase is the influx of illegal immigrants. that for their forces out low- skilled laborers and thereby depressing the wage and employment levels of those americans. thatdition to that necessarily leads to more americans depending on the need for government. it is respected that the agent that before federal government grant's federal's average -- federal status -- the evidence before the...
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in pakistan the government is not execute a much-needed policy and tax reforms and the company -- country faces no prospects for sustained economic growth. on a somewhat more positive note dispatcher the armed forces continued operations in the areas which have been safe havens are al qaeda and the taliban. and pakistan has established national provincial assembly elections on may it will mark a historic first if they transfer government peacefully. in china last month, huge and pain ecame president his country can do to supplement its military to put those by bolstering maritime law enforcement to support its claims in the south and east china sea. russia will continue to resist putting more international pressure on syria or iran. it will also continue to display great sensitivity to missile defense. closer to home despite positive trends towards democracy and economic development, latin america and creating content oaw recovery from natural disasters and drug-related violence and trafficking. in venice with the presidential election occurred four days ago to decide a six-year term of t
in pakistan the government is not execute a much-needed policy and tax reforms and the company -- country faces no prospects for sustained economic growth. on a somewhat more positive note dispatcher the armed forces continued operations in the areas which have been safe havens are al qaeda and the taliban. and pakistan has established national provincial assembly elections on may it will mark a historic first if they transfer government peacefully. in china last month, huge and pain ecame...